Aug 26, 2013 by Damian Illia
3 Construction Stocks Capitalizing on the Recovery
Construction activity continues to face challenging conditions in the past few months driven by the softening in housing starts, recent public spending austerity and wet weather. However, there is light at the end of the tunnel and each of these factors have been offset by a gain in renovation spending, increase in economic growth and the end of a severe winter. In the second quarter the economy grew at a 1.7% pace, above consensus expectations of 1.0%.